MML Investors Services LLC Acquires 16,712 Shares of Barings Corporate Investors (NYSE:MCI)

MML Investors Services LLC raised its holdings in Barings Corporate Investors (NYSE:MCIFree Report) by 119.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 30,704 shares of the financial services provider’s stock after buying an additional 16,712 shares during the period. MML Investors Services LLC’s holdings in Barings Corporate Investors were worth $612,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Benjamin Edwards Inc. bought a new position in shares of Barings Corporate Investors in the third quarter worth about $603,000. Commerce Bank grew its stake in Barings Corporate Investors by 426.7% in the 3rd quarter. Commerce Bank now owns 72,820 shares of the financial services provider’s stock worth $1,451,000 after acquiring an additional 58,994 shares in the last quarter. Mayfair Advisory Group LLC bought a new stake in shares of Barings Corporate Investors during the third quarter valued at approximately $224,000. Sky Investment Group LLC boosted its holdings in shares of Barings Corporate Investors by 3.0% in the third quarter. Sky Investment Group LLC now owns 170,489 shares of the financial services provider’s stock valued at $3,398,000 after purchasing an additional 5,025 shares during the period. Finally, Secure Asset Management LLC grew its stake in Barings Corporate Investors by 7.5% in the third quarter. Secure Asset Management LLC now owns 161,631 shares of the financial services provider’s stock worth $3,221,000 after purchasing an additional 11,273 shares in the last quarter.

Barings Corporate Investors Stock Up 1.2 %

Shares of NYSE MCI opened at $19.83 on Friday. Barings Corporate Investors has a twelve month low of $16.91 and a twelve month high of $20.68. The business has a fifty day simple moving average of $19.74 and a two-hundred day simple moving average of $18.94.

Barings Corporate Investors Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 30th will be paid a $0.10 dividend. This represents a yield of 8%. The ex-dividend date is Monday, December 30th.

Barings Corporate Investors Company Profile

(Free Report)

Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.

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Institutional Ownership by Quarter for Barings Corporate Investors (NYSE:MCI)

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